Protean eGov Technologies Limited IPO

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Listed On: Nov 13, 2023 at ₹ 792.0(BSE)

₹ 14256 /18 Shares

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Price Summary

Last Closing

2,000.90 (152.64%)

52 Week High

2,225.00

52 Week Low

775.00

Last Update

19-Sep-2024 3:59 PM

Protean eGov Technologies Limited IPO Details

06 Nov, 2023

Open Date

08 Nov, 2023

Close Date

10 Nov, 2023

Allotment Date

13 Nov, 2023

Listing Date

Issue Price

₹752-792 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE

Registrar

Link Intime India Private Ltd

List Price

792.0(BSE)

Listing Date

2023-11-13

Market Lot

Retail : 18 Shares (₹14,256/-)
S-HNI : 270 Shares (₹2,13,840/-)
B-HNI : 1,278 Shares (₹10,12,176/-)

Lead Manager

ICICI Securities Limited
Equirus Capital Private Limited
Iifl Securities Ltd
Nomura Financial Advisory And Securities (India) Pvt Ltd

Issue Size

Offer for Sale : 6,191,000 shares(aggregating up to ₹490 Cr Approx)

Retail Portion

35% (Number of Retail Applications: 1,17,464 Approx),
(Number of S-HNI Applications : 1,119 Approx),
(Number of B-HNI Applications : 2,237 Approx)

Subscription

23.86 times

IPO Docs

DRHP RHP ANCHOR

Protean eGov Technologies Limited IPO Subscription Details

As on	QIB	NII bNII sNII	Retail	Employee	Total
Shares Offered / Reserved	1,208,200	906,150 604,100 302,050	2,114,350	150,000	4,378,700
Day 1 - 06-11-23 05:00 PM	0.01 x	1.65 1.28 x 2.39 x	1.49 x	0.31 x	1.08 x
Day 2 - 07-11-23 05:00 PM	0.07 x	6.24 5.17 x 8.37 x	3.90 x	0.76 x	3.22 x
Day 3 - 08-11-23 05:00 PM	46.94 x	31.62 33.14 x 28.58 x	8.93 x	1.49 x	23.86 x

Total No. of Applications: 8,90,301 (Approx)

Retail Subscription on the basis of Applications: 7.58 times

Protean eGov Technologies Limited Valuations

Earnings Per Share (EPS)

₹26.48/-

P/E Ratio

29.91

RoNW

12.49%

Net Asset Value (NAV) - As on 31.03.22

₹N/A

Protean eGov Technologies Limited Company Financials All values are in ₹ Cr.

	31-Mar-23	31-Mar-22	31-Mar-21	31-Mar-20
Assets	1,104.10	988.14	862.38	939.88
Revenue	783.87	770.18	652.03	754.64
Profit After Tax	107.04	143.94	92.19	121.85

About The Company

Protean eGov Technologies Limited was previously known as NSDL e-Governance Infrastructure Limited. The company is engaged in the business of developing citizen-centric and population-scale e-governance solutions for more than 2 decades.

Company has played a vital role in developing national infrastructure for capital market development in India. The company has developed & implemented some of the most crucial technological infrastructure in India.

Since December 2022, the company has implemented and managed 19 projects spread across several ministries.

The company's vital role in developing digital infrastructural solutions has led to the achievement of multiple milestones. Key amongst them are
Mordernising direct tax infrastructure through the introduction of projects like PAN issuance
The company has enabled the universal social security system for all Indians, in particular for workers in the unorganized sector, by creating technology infrastructure as a CRA for the Atal Pension Yojana.
The company has also been instrumental in improving accessibility to education and skill financing through the development of efficient digital marketplaces. This has led to the discovery of financial resources through platforms such as Vidya Lakshmi and Vidyasaarathi
The company has contributed to and supported open digital building blocks such as Open Network for Digital Commerce (ONDC) for use-cases across sectors like e-commerce, mobility, healthcare, agriculture, and education. It is worth mentioning that Protean eGov Technologies Limited is one of the key and early contributors to the open-source community and protocols that power ONDC.

Protean eGov Technologies Limited - Promoter(s)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%

Company Promoter(s)

Protean eGov Technologies Limited IPO - Issue Objectives

The company will not receive any proceeds from the Offer and all the Offer Proceeds will be received by the Selling Shareholders, in proportion to the Offered Shares sold by the respective Selling Shareholders as part of the Offer.

Protean eGov Technologies Limited IPO - Anchor Investors

Protean eGov Technologies IPO | Investors pick Rs 143.5 crore shares in anchor book.

Prominent names like SBI Life Insurance, Baroda BNP Paribas Mutual Fund, Aditya Birla Sun Life Insurance Company, LIC Mutual Fund, and Societe Generale invested in the company via anchor book.

Among others, Astorne Capital VCC - Arven, GAM Multistock-Emerging Markets Equity, LC Radiance Fund VCC, ACM Global Fund VCC, and BCAD Fund also bought shares in Protean.

Protean eGov Technologies Limited IPO - FAQs

Ans. Protean eGov Technologies Limited IPO is a Mainboard IPO. The issue is priced at ₹752-792 per equity share. The minimum order quantity is 18 Shares. The IPO opens on Nov 6, 2023, and closes on Nov 8, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Ans. The Protean eGov Technologies Limited IPO opens on Nov 6, 2023 and closes on Nov 8, 2023.

Ans. The size of Protean eGov Technologies Limited IPO is Offer for Sale : 6,191,000 shares(aggregating up to ₹490 Cr Approx).

Ans. The IPO price band is set between ₹752-792 per equity share.

Ans. To apply for Protean eGov Technologies Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Protean eGov Technologies Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Protean eGov Technologies Limited IPO is Nov 10, 2023.

Ans. The Protean eGov Technologies Limited IPO will be listed on Nov 13, 2023.

Ans. Follow the steps to check the allotment status for Protean eGov Technologies Limited IPO here.